Global Offshore Wind Capacity Surpasses 100 GW

Global offshore wind capacity has surpassed 100 GW for the first time, with installations across Europe, Asia, and early deployments in other regions. Offshore wind represents the fastest-growing renewable technology sector globally. Floating offshore wind technology is advancing rapidly, opening new development areas in deeper waters. Analysts project offshore wind could represent 25% of global wind capacity by 2030, driven by technology improvements and declining costs.